The Committee on Datasets for State Finance Commissions will present its report on June 8 in New Delhi, with Dr. V. Anantha Nageswaran, Chief Economic Advisor to the Government of India, overseeing the release. This initiative, organized by the Ministry of Panchayati Raj, aims to enhance data-driven policymaking and fiscal governance, crucial for empowering local self-governments and fostering inclusive development. The report outlines the essential datasets required by State Finance Commissions, which are constitutional bodies responsible for reviewing the financial position of Panchayati Raj Institutions and recommending financial resource devolution principles. The Ministry established the committee to address data accessibility issues highlighted during the November 2024 Finance Commissions' Conclave. By providing a structured mapping of necessary datasets, the report seeks to improve data availability and standardization, serving as a vital resource for State Governments, economic researchers, and stakeholders committed to strengthening local public finance and democratic decentralization in India.